Whether to outsource artificial intelligence development or create a solution in-house depends on the availability of human resources, product expertise, communication concerns, and price. Let’s review both options from different angles.
The availability of human resources
Hiring skilled ML engineers, data scientists, and AI experts is challenging, as these specialists are scarce and expensive. By opting for in-house development, you will face difficulties in recruiting and retaining these experts, which will likely lead to delays and increased costs.
On the other hand, outsourcing opens up access to a broader talent pool without the need to invest in long-term recruitment. It allows you to leverage the expertise of established AI firms that already have the necessary skills and tools. This will help you speed up the development process and reduce costs.
Expertise
Apart from a development team, you need a product owner with experience in developing products from scratch and a strong understanding of working with data. This is particularly important for AI projects, as it ensures the solution is aligned with business goals and can effectively handle the complexities of AI development.
Once again, when it comes to in-house development, you’re limited in the talent pool—the right candidates may not be readily available in your region. Outsourcing is better in this regard, as you don’t have to limit yourself to geographical boundaries. Therefore, finding suitable experts will likely be much faster and easier.
Price
In-house development is arguably the most expensive option, as you have to invest in recruitment services to find suitable candidates, pay them competitive salaries, provide employee benefits, medical coverage, and so on. On the other hand, you have direct control over your project, can make adjustments on the fly, and easily communicate with your teammates, without having to worry about language barriers and timezone differences.
Outsourcing your project to an artificial intelligence development company is a more cost-effective option, as you can hire developers from a country with cheaper labor costs. Moreover, you won’t have to worry about recruiting candidates, paying salaries, providing employee benefits, ensuring medical coverage, and other processes related to building in-house teams.
Communication concerns
As for the downsides of outsourcing, with some companies, it is possible to face communication challenges, lack of flexibility, and timezone differences that may slow down the development process. However, if you find the right partner, you can eliminate most, if not all, of the mentioned challenges.
At Helpware Tech, for example, we have offices in 18 countries and build development teams with sufficient technical expertise and a strong cultural fit. We can easily find suitable talent that aligns with your timezone to ensure timely and efficient communication. That way, you can save costs on AI development while eliminating common outsourcing challenges.